$365,000
$385,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
869 HOLLINS ST Baltimore, MD 21201
3,628 SqFt
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,628 sqft
Price per Sqft $100
Subdivision Hollins Market
MLS Listing ID MDBA2123468
Sold Date 08/26/24
Style Converted Dwelling
Abv Grd Liv Area 3,628
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $6,089
Tax Year 2024
Lot Size 1,440 Sqft
Acres 0.03
Property Description
3 Blocks Away From University of Maryland, Whose Student Body of 6,300+ Graduate Students Creates High Demand for Housing. 600′ From University of Maryland BioTech Park, Employing Over 1,000 Highly Educated Professionals Seeking Housing Nearby Their Place of Employment. Opportunity to Increase Rents Through Apartment Upgrades. with Easy Commuting for Both Landlords and Tenants. A large two-bedroom, two-bath apartment encompasses the entire first floor. New hardwood floors throughout the living space, and full kitchen with 30″ electric range, dishwasher, laminate counters and wood cabinets. Upstairs, the second and third floor each have a large studio apartment. Kitchenettes have laminate counters, wood cabinets, and either 20″ gas or electric ranges. All bathrooms have modern vanities, steel showers or tubs with vinyl enclosure. This Hollins Market investment property is heated by a central Columbia gas-fired hot water boiler with radiator distribution. Tenants supply their own window air-conditioning units. Tandem gas-fired water heaters serve the apartments: 2023 Rheem 50-gallon and 2018 Rheem4 0-gallon. The landlord does pay for hot and cold water. The property has 2 gas meters and three electric meters, with 300-amp electrical service to the building. The landlord pays the electric for 4 of the 5 apartments. A utility bill-back system would increase cash flow, passing through utility charges to tenants. A copper water main prevents the worry for an expensive replacement in the future. All interior water supply lines are copper, and all interior drain lines are PVC. Martin Luther King Jr Boulevard provides access to most major connections for traveling in and around the Baltimore metro area. BWI Airport and Penn Station can both be accessed within a 20 minute drive. The B&O Railroad Museum, a popular tourist destination and event venue, is 3 blocks southwest.
The area’s close proximity to the BioPark and University of Maryland Graduate Schools ensures consistently high rental demand due to the ongoing expansion of educational facilities.
Location
State MD
County Baltimore City
Zoning R-8
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0318080237 038
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with John Bailey • Cummings & Co. Realtors
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